City Of Clawson Veba Health Savings Trust
- Assets
- $378.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clawson, MI
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-3357964
Organization Overview
City Of Clawson Veba Health Savings Trust is located in Clawson, MI. The organization was established in 2009. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Clawson Veba Health Savings Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, City Of Clawson Veba Health Savings Trust generated $85.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $136.1k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HEALTH REIMBURSEMENT ARRANGEMENT FUNDED BY ORGANIZATION HAD APPROXIMATELY 48 PARTICIPANTS WHO RECEIVED MEDICAL CARE REIMBURSEMENT IN THE AMOUNT OF $136,148.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,493 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,530 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $136,148 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $136,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $378,822 |
| Other assets | $0 |
| Total assets | $378,822 |
| Total liabilities | $0 |
| Net assets or fund balances | $378,822 |